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Kinetik Holdings (KNTK) PT Lowered by Goldman Sachs Ahead of Q3 Results
Kinetik Kinetik (US:KNTK) Yahoo Financeยท2025-10-22 12:09

Core Insights - Kinetik Holdings Inc. is identified as a promising infrastructure stock with significant upside potential [1] - Recent price target adjustments by Goldman Sachs and Scotiabank reflect concerns over operational challenges and market conditions [2][3] Group 1: Price Target Adjustments - Goldman Sachs lowered its price target for Kinetik Holdings from $47 to $46 while maintaining a Buy rating, citing increased operating expenditures and lower volume growth [1] - Scotiabank also reduced its price target from $53 to $51, maintaining an Outperform rating, indicating operational turbulence in 2025 [2] Group 2: Company Overview - Kinetik Holdings operates as a midstream company in the Texas Delaware Basin, with two main segments: Midstream Logistics and Pipeline Transportation [3]